Monday, April 25, 2005

Federal Panel Sees Too Many Tax Breaks

Its about time! Somebody in government actually looks at the tax code and all its deductions and credits and sees it for what it really is: a complicated, unproven, untracked, inefficient waste of our tax dollars in an attempt to legislate morality. Maybe there is yet a glimmer of hope.

But a glimmer is probably all we can hope for. The commission's chairman, former Florida Sen. Connie Mack, said, "Anytime you've got a benefit, wherever it happens to be, whether it's spending or taxes, people don't want to give them up."

And so we'll run into the same old problems... there are things in the tax code that should be fixed, but that nobody in the government will have the guts to stand up and get to work on. Too bad... I was starting to think our government actually had a chance to do the right thing.